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Posts Made By:
xplorer
Forum:
Psychology and Money Management
April 30th, 2021, 10:57 AM
Replies:
11
Should I lower contract size for a wider stop loss?
Views:
2,525
Posted By
xplorer
I don't trade MES/ES but generally they have a...
I don't trade MES/ES but generally they have a higher liquidity than CL which is what I'm most familiar with.
There's plenty of threads about ES/MES here, and there's also tons of material about...
Forum:
Psychology and Money Management
April 30th, 2021, 03:49 AM
Replies:
11
Should I lower contract size for a wider stop loss?
Views:
2,525
Posted By
xplorer
Yes, in general working on your entry is meant to...
Yes, in general working on your entry is meant to be improving decreasing your MAE, but an MAE of 6 is not bad.
What market are you trading?
Forum:
Psychology and Money Management
April 29th, 2021, 01:20 PM
Replies:
11
Should I lower contract size for a wider stop loss?
Views:
2,525
Posted By
xplorer
So the MAE suggestion was about getting familiar...
So the MAE suggestion was about getting familiar with what it is: how far a trade goes against you before turning the other way and (ideally) hitting your target.
MAE tracks that, on average....
Forum:
Psychology and Money Management
April 29th, 2021, 11:09 AM
Replies:
11
Should I lower contract size for a wider stop loss?
Views:
2,525
Posted By
xplorer
OK no worries. Firstly, if you are replying...
OK no worries.
Firstly, if you are replying to someone and want to make sure they get notified, either quote their prior post or name them like so --> xplorer <-- that way they will get a...
Forum:
Psychology and Money Management
April 29th, 2021, 10:35 AM
Replies:
11
Should I lower contract size for a wider stop loss?
Views:
2,525
Posted By
xplorer
Hi, welcome Faste. I assume that by...
Hi, welcome Faste.
I assume that by 'practicing scalping' you mean SIM trading, is this the case?
Also, are you familiar with the terms MAE and MFE?
Showing results 1 to 5 of 5
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